Colombian interest rates to stay on hold for most of 2014

Following the Colombian central bank’s decision to leave interest rates on hold on Friday, we think that the Colombian economy will have to deteriorate significantly to trigger additional rate cuts. But while further monetary easing seems unlikely, the weaker tone of the recent economic data supports our view that rates will remain lower for longer than most expect.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.